Property
Average Cost of Renting a HDB Flat in Singapore
By ValueChampion  •  January 20, 2023
Rental rates for HDB flats in Singapore continued their upward march in Q3 2022, with some estates seeing increases as high as 50% from just 2.5 years ago. While landlords are undoubtedly pleased with the trend, homeseekers are decidedly less so. With rents shooting up across the board, can renters continue to find affordably priced HDB flats? Or should those in search of a place to stay take the plunge and buy a flat instead of renting from the open market? Here’s a look at how much HDB flat rents are going for, according to the latest report on HDB median rents by town and flat type for Q3 2022. Average Cost Renting a HDB Flat – 3-Room, 4-Room and 5-Room Source: Unsplash
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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